error 174
Posted: Mon Dec 22, 2014 12:38 pm
hi friends
When I run my model; appear this error:
Configuring Dynare ...
[mex] Generalized QZ.
[mex] Sylvester equation solution.
[mex] Kronecker products.
[mex] Sparse kronecker products.
[mex] Local state space iteration (second order).
[mex] Bytecode evaluation.
[mex] k-order perturbation solver.
[mex] k-order solution simulation.
[mex] Quasi Monte-Carlo sequence (Sobol).
[mex] Markov Switching SBVAR.
Starting Dynare (version 4.4.3).
Starting preprocessing of the model file ...
ERROR: a.mod: line 38, cols 1-7: Unknown symbol: initval
??? Error using ==> dynare at 174
DYNARE: preprocessing failed
what's problem?
it's my code:
var c R w l y a k mc pi or g i mou;
varexo e_a e_or e_g e_mou;
parameters beta delta Rbar eta alpha roha rohor rohg c_y i_y g_y or_y rohmou omega landa;
beta=0.9648;
delta=0.014;
Rbar=0.45;
eta=2.2156;
alpha=0.4278;
roha=0.95;
rohor=0.6;
rohg=0.75;
c_y=0.45;
i_y=0.25;
g_y=0.3;
or_y=0.45;
rohmou=0.85;
omega=0.7836;
landa=0.58;
model(linear);
c=beta*(1-delta+Rbar)-beta*(Rbar)*(R(+1)-pi(+1));
w=eta*l+c;
y=a+alpha*k+(1-alpha)*l;
l=y-a+(alpha)*(R-w);
k=y-a+(1-alpha)*(w-R);
a=roha*a(-1)+e_a;
mc=-a+(alpha*R+(1-alpha)*w);
pi=(((1-landa*beta)*(1-landa))/landa)*mc+beta*pi(+1);
or=rohor*or(-1)+e_or;
g=rohg*g(-1)+e_g;
k=(1-delta)*k(-1)+delta*i;
y=c_y*c+i_y*i+g_y*g-or_y*or;
mou=rohmou*mou(-1)+omega*e_or+e_mou;
initval;
c=0; w=0; y=0; l=0; k=0; a=0; mc=0; pi=0; k=0;
end;
steady;
check;
shocks;
var e_or; stderr 0.1;
end;
stoch_simul(periods=1000, irf=30);
thanks
When I run my model; appear this error:
Configuring Dynare ...
[mex] Generalized QZ.
[mex] Sylvester equation solution.
[mex] Kronecker products.
[mex] Sparse kronecker products.
[mex] Local state space iteration (second order).
[mex] Bytecode evaluation.
[mex] k-order perturbation solver.
[mex] k-order solution simulation.
[mex] Quasi Monte-Carlo sequence (Sobol).
[mex] Markov Switching SBVAR.
Starting Dynare (version 4.4.3).
Starting preprocessing of the model file ...
ERROR: a.mod: line 38, cols 1-7: Unknown symbol: initval
??? Error using ==> dynare at 174
DYNARE: preprocessing failed
what's problem?
it's my code:
var c R w l y a k mc pi or g i mou;
varexo e_a e_or e_g e_mou;
parameters beta delta Rbar eta alpha roha rohor rohg c_y i_y g_y or_y rohmou omega landa;
beta=0.9648;
delta=0.014;
Rbar=0.45;
eta=2.2156;
alpha=0.4278;
roha=0.95;
rohor=0.6;
rohg=0.75;
c_y=0.45;
i_y=0.25;
g_y=0.3;
or_y=0.45;
rohmou=0.85;
omega=0.7836;
landa=0.58;
model(linear);
c=beta*(1-delta+Rbar)-beta*(Rbar)*(R(+1)-pi(+1));
w=eta*l+c;
y=a+alpha*k+(1-alpha)*l;
l=y-a+(alpha)*(R-w);
k=y-a+(1-alpha)*(w-R);
a=roha*a(-1)+e_a;
mc=-a+(alpha*R+(1-alpha)*w);
pi=(((1-landa*beta)*(1-landa))/landa)*mc+beta*pi(+1);
or=rohor*or(-1)+e_or;
g=rohg*g(-1)+e_g;
k=(1-delta)*k(-1)+delta*i;
y=c_y*c+i_y*i+g_y*g-or_y*or;
mou=rohmou*mou(-1)+omega*e_or+e_mou;
initval;
c=0; w=0; y=0; l=0; k=0; a=0; mc=0; pi=0; k=0;
end;
steady;
check;
shocks;
var e_or; stderr 0.1;
end;
stoch_simul(periods=1000, irf=30);
thanks